BlackRock Municipal 2030 Target Term Trust
110 hedge funds and large institutions have $323M invested in BlackRock Municipal 2030 Target Term Trust in 2022 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 37 increasing their positions, 33 reducing their positions, and 16 closing their positions.
12% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 33
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.08% less ownership
Funds ownership: 19.45% → 19.37% (-0.08%)
6% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 16
4% less funds holding
Funds holding: 114 → 110 (-4)
9% less capital invested
Capital invested by funds: $356M → $323M (-$33.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Stifel Financial
St. Louis,
Missouri
|
+$6.17M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$4.16M |
| 3 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$2.17M |
| 4 |
JP Morgan Chase
New York
|
+$1.71M |
| 5 |
HWAM
Hennion & Walsh Asset Management
Parsippany,
New Jersey
|
+$1.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$5.24M |
| 2 |
MMA
Miracle Mile Advisors
Los Angeles,
California
|
-$4.41M |
| 3 |
VanEck Associates
New York
|
-$2.84M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$2.13M |
| 5 |
MSL
Mackay Shields LLC
New York
|
-$1.74M |
BTT Hedge Fund Activity: Q1 2022 in Review
110 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in BlackRock Municipal 2030 Target Term Trust (BTT) for Q1 2022, worth a combined $323M — down 9.4% from $356M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of BTT and 15 opened new positions — a net loss of 1 holder — while 33 trimmed existing stakes and 37 added.
The largest buyer was Stifel Financial, adding an estimated $6.17M. The largest seller was Rivernorth Capital Management, cutting an estimated $5.24M.
- 110 institutional investors held BlackRock Municipal 2030 Target Term Trust (BTT) as of Q1 2022, down from 114 in Q4 2021.
- Funds reported $323M of BlackRock Municipal 2030 Target Term Trust stock for Q1 2022, down 9.4% quarter-over-quarter.
- 15 funds opened new BlackRock Municipal 2030 Target Term Trust positions in Q1 2022 and 16 closed out, a net change of -1 holder.
- The largest BlackRock Municipal 2030 Target Term Trust buyer in Q1 2022 was Stifel Financial, an estimated $6.17M added.
- The largest BlackRock Municipal 2030 Target Term Trust seller in Q1 2022 was Rivernorth Capital Management, an estimated $5.24M sold.
Based on aggregated 13F filings for Q1 2022.